In the last 10 years, markets have not been as volatile as has been in the last 10 days. There have been a number of factors at play over the last week or so. Coronavirus (COVID-19), unprecedented fall in crude oil prices and the YES Bank reconstruction proposal have all contributed to the fall.
As regards coronavirus, it is very difficult to give a timeline as when things will recover. However, if one looks at China, the country where the virus started, there the number of cases peaked out around mid-February – from 10,000-12,000 cases earlier, the number has come